NOW THAT'S more LIKE the EKG we've all come to LOVESometimes, there is a ROLL OVER at the EOD into the next morning
and it looks like yesterday's EKG may have reflected that
Jay
Tuesday. today is scheduled to sell off as previously mentionedWas yesterday an 5th wave EDT ?
Yesterday's outlook as published-- HOLD off & Dont risk $$
Today outlook= Unexpected disruptions & expenses
today is a PHI cluster date according to one subscriber- Lucas series
hmm -70% chance of rain today- fwiw ??
Activity index yesterday AM low was 66, mid day high 233, and ended at 100
Today was at 266 at 6am, at 9am is now dropping lower to 133
FLUX very active last week was QUIET yesterday, but TODAY is highly active again
Ok, I know what your thinking
morning sell off and then back to biz
B of A earns improving losses, so we should NOW buy it- hmm
where were you when it was trading at $4. Dont touch it- hah
180 day lo to lo -- Feb8
360 day high to lo -- 9/3/08
convergence of cycles on Friday
Full moon Friday late day indicates finding a balance & financial improvement
13 day cycle segment at 10:20
Neg energy at 11:35
156 bars at 11am
Jay
Gold HIGH hit1382 on Thsday
ReplyDeleteDollar low hit 76.20 on Friday
SPX hit high 1186 on Monday
Is a BIG turn in order right now?
Jay
spx opens at 1170
will that hold ?
Short term cycle pivot due tomrrow at 11am
ReplyDelete13day at 11am
258bars at 11am
BUT neg energy could override that cycle into Friday, after a brief reprieve Wed on that pivot
Jay
Remember the Monthly trends
had been HIGHS on or about 18th-20th every months since Mar lows of 2009.And lows early in the month
JUly 2 low got Aug9th high
Spt 2nd low = 20th high
Oct 4th low =18th high
NOW we are expecting Nov 4th low
so that trend has not changed, it just got muted since the July low, and less discern-able until NOW
Jay
someone bought bac $10 puts yesterday about 30k contracts.
ReplyDeleteReza
ReplyDeleteBAC puts
buy low sell high
{GG}
someone is coming late to the party
where was that person at $19
probably buying calls
But there should be more to come for those puts
NEW TWITTER indicator
FEEL SAD 3 days prior to top
thats right
FEEL SAD
they are tracking key words that people use on twitter to ID when the mkt is at turns
Jay
FINALLY
ReplyDeleteGOLD getting what it deserves
I published a graph several times showing heavy internal weakness
Any decline now has been touted as
an indication of the trend for the next 6 months
I cannot ADHERE to such nonsense
but thats what sets up the next
run up thru Jan 24th
And Gold should also follow as its seasonal tops are usually found end of Jan
China raises interest rates
DOLLAR rally on that one, stocks & Gold fall
It used to be GM & IBM moved the markets, now its CHINA.
however, IBM, AAPl all time highs
Jay
My simple understanding is you print $ 50 to $100 billion per month, no matter how the money circulates, be it be in the stock market or whatever, then at the end of the month trade deficit is $ 100 billion, so the printed money is gone overseas as we import more from overseas. Now wonder why businesses are not hiring? Am I missing something here
ReplyDeleteCHECK out the 10 year SPX chart
ReplyDeleteusing the link for trendsby3
Jay
I guess wait until BAC hits 10 and JPM 32
ReplyDeletehttp://blogs.barrons.com/stockstowatchtoday/2010/10/19/bank-of-america-sags-report-pimco-blackrock-putting-back-mortgages/?mod=yahoobarrons
ReplyDeleteNOW HEAR THIS
ReplyDeleteSELLING OVERDONE -TODAY -
just ask CNBC - haha
Hmmm
see what they say tomrrow at 11am
Jay
Tomrow's EKG agrees with POWER data
ReplyDeleteStart DOWN till at least 11am
CONVERGENCE of
13day & 258 bars
Powerful PIVOT
How low can you go?
11am
Might linger till noon, but dont hold your breadth
what price level for spx
some of you have a better fix on that than I do.
Jay
Jay - if we break today's low then the next level down are 1155 and then 1150 being a major level ...
ReplyDeleteSo now looking for down till 11 am, then up till oct 21/22
Not sure ...since your thu reading was down .... then friday supposed to improve afternoon ...
Jay,
ReplyDeleteCan you clarify your view on gold?
From the indicators I follow, gold is not going to have a good time of it going forward for a good while.
I also have indications of heavy distribution into higher prices on gold going on for months now.
Thanks